2025?1??????PMI?50% ??3???????

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?2??????????????6????????? ?????,??,2025?????1?????????PMI?????50%,????????????????0.5?????,??3???????????,2025??1?????,??PMI?????????????????,????????????????????13???????50%??;???????PMI?50%????????????????????,????9??????????????50%?????;???????PMI??PMI??,?50%??

????????????????,????,??????????????,??????,???,??,?????????,??;????????,?????

?2025??????,?????2025?????????????????????????«??»????2025?3.3%,??2024?10??0.1?????????????«2025??»??2025????2.8%,?????2024??????

??????????????????????????????????????,????????????????????????,??????????????;??????,??????;??????2025???????????,????????????2025?,??????

??????????????,PMI??????

2025????1???????,?????PMI?????47.8%,??1??,??2????,???????????PMI?????52%????????;???PMI?????????????????????????,??????????50%??????????????;???????????????????PMI????????????????????????,??50%???

?????,????????????PMI?????,?????????48%????????????????,????????,??????????????????????????????,2024????????????????????????????(GDP)?????0.2%,??????????????????????2025??????0.3%,???????1.1%?????????,??2025????1.1%???????????0.9%????????????????????????,??,??????????,????????,????6????????????????????

?????,PMI??????????50%??

2025??1??????????,???PMI??50.9%,????1.3?????,?????????????????????3??,??50%????,?????????????????,?????????????PMI??,?????50%???,??PMI??????????,????????????????50%????????

??PMI??????????PMI?????????ISM???,2025????1?,???????????PMI??50.9%,?????49.2%????1.7??????,????????????????????????????????3???????,??,???????,????,?????????52%????,????????2?????????????????????????????4.25%-4.5%????????????????????,?????CPI??????3%??2024????????????12????????,??????????CPI? 2.9%?

?,PMI??50%???????

2025?????????????????1?????,??????????PMI?????????49.4%,?????0.8????????????,????????PMI???????????????????????????,?????????52%,?????PMI?50%?,?????????PMI??4????????????????,??46%?????,?PMI???????

???,???????????????,???????,?,??????????????????????????????,????????????,????,????,?????2025?????4.3%? ????????????????????

??,PMI?????

2025??????????1?????????,???????PMI???????50.7%,??????????????????????????0.4??????????,?????????????13??????50%????????????,???????????,??PMI??????????????????????????????????PMI??57%?????????????????,???????????????????????????????????????????????PMI????50%??????????????;????????PMI??50%???????????????PMI?????,?????50%?????;?????????????PMI??????????,???????50%??????

?,??????,????????????????????????????,???????,???????????????????????????«???»?????????????????????2025??4.6%,????????2024???????????10????0.1?????????

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?????2025?1??????PMI?50% ??3????????????

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